CLP Holdings

CLP Group (its holding company is CLP Holdings Ltd) is an electricity company in Hong Kong with businesses in a number of Asian markets and Australia. Incorporated in 1901 as China Light & Power Company Syndicate, its core business remains electricity generation, transmission, and retailing.

Pressured CLP sees dip in sales volume

Pressured CLP sees dip in sales volume

Hong Kong's largest power supplier, CLP Holdings, posted a 1.2 per cent year-on-year fall in sales volume in the first nine months of the year, while operating difficulties in Australia and India, where it made first-half losses, persisted.

Tuesday, 29 October, 2013, 2:42am

Overseas woes in Australia, India erode CLP earnings

Andrew Brandler says CLP will stop investing further in thermal power generation in India for the time being. Photo: Nora Tam

While the power company said it would still have to fork out an impairment loss of HK$315 million this year for its new plant in Jhajjar, where utilisation remained at 30 per cent due to a short supply of coal, chief executive Andrew Brandler said its performance should improve in the next six to 18 months.

26 Feb 2013 - 5:27am

Australian sales power CLP earnings growth in first nine months

CLP Holdings said yesterday revenue rose 14.1 per cent to HK$77.51 billion in the first nine months of this year.

Turnover from the company's Australian energy business, its biggest source of revenue, jumped 15.9 per cent to HK$48.77 billion, while its electricity business in Hong Kong, its second-biggest revenue source, grew 9.7 per cent to HK$25.56 billion.

16 Oct 2012 - 4:03am

Power shutdown to short CLP's earnings

CLP Holdings warned investors yesterday that the partial shutdown of its biggest power plant in Australia would hit earnings this year, although analysts expect the Hong Kong power supplier to still post higher profit.

10 Jul 2012 - 12:00am

CLP losing power with the people over tariffs

Growing risks about the profitability of CLP Holdings' core electricity supply to Kowloon, the New Territories and Lantau has raised doubts about its reputation as a safe haven for investment.

15 May 2012 - 12:00am

CLP warns new carbon law could cloud its results

CLP Holdings, the larger of Hong Kong's two electricity utilities, has warned that its full-year results will be hit by new clean energy laws in Australia.

9 Nov 2011 - 12:00am

Fight goes on against new towers

Activists and residents opposing a plan by CLP Holdings to redevelop its historic headquarters in Mong Kok into residential blocks have vowed to continue their fight despite endorsement of the power supplier's proposal by a Town Planning Board sub-committee yesterday.

5 Nov 2011 - 12:00am

Summer interns offer feedback

Benchmarking and strategic planning involved in the production of CLP Holdings' annual report has become the hallmark of a process that involves the entire company.

2 Nov 2011 - 12:00am

Minister backs new CLP plan to redevelop its HQ

The development minister has backed a revised plan by CLP Holdings to build flats on the site of its historic headquarters in Kowloon, a project that could earn the power firm HK$3 billion.

24 Sep 2011 - 12:00am

CLP mulls higher tariffs in 2012 as fuel costs rise

Residents of Kowloon, Lantau and New Territories should brace themselves for higher electricity bills next year.

CLP Holdings, Hong Kong's largest electricity supplier, is preparing to raise power tariffs due to rising fuel prices.

17 Aug 2011 - 12:00am

CLP buys stake in mainland plant

CLP Holdings said yesterday that it would go ahead with its planned 4.8 billion yuan (HK$5.78 billion) investment in a nuclear power project in Yangjiang, Guangdong, even though the mainland was reviewing its nuclear power policy.

26 Jul 2011 - 12:00am

CLP seals Australian gas deal

Power utility CLP Holdings, through its Australia-based flagship TRUenergy, has raised its interest in coal seam gas reserves in the Gunnedah Basin of New South Wales in a A$284 million (HK$2.35 billion) deal.

19 Jul 2011 - 12:00am

TRUenergy IPO gets closer after carbon details

Recent moves towards an Australian carbon tax regime have brought closer a listing of TRUenergy, the flagship of Hong Kong power utility CLP Holdings.

The Australian government recently revealed details of its long-awaited carbon policy and a package of transitional financial aid worth A$5.5 billion (HK$45.46 billion) to help polluters move to a low-carbon regime.

14 Jul 2011 - 12:00am

CLP complains to police over fake jobs ads

Hong Kong's largest electricity supplier, CLP Holdings, has lodged complaints with mainland and Hong Kong police after it found a fake advertisement for jobs at the power company circulating with e-mails. The company said it had no links to the recruitment agent in Meizhou city , Guangdong province, and reserved the right to take legal action.

6 Dec 2008 - 12:00am

CLP places LNG plant on shopping list

CLP Power will include its controversial liquefied natural gas processing plant project in an expanded spending list totalling at least HK$38 billion in the next five years, a company representative says.

31 Mar 2008 - 12:00am

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